Stellantis, after EU vote on China EV tariffs, says stable rules ‘more important than ever’

ROME, (Reuters) – Stellantis said on Friday it backed free and fair competition, stable rules and policies supporting demand after EU member states voted in favour of tariffs on China-made electric vehicles.

In a statement, Stellantis said it took note of the vote.

“As a global company, we support free and fair competition. Our industry is under the pressure of ambitious CO2 reduction plans and the Chinese global commercial offensive,” the automaker said.

It added that “during this time of transition, policies supporting the demand and ensuring stability of the rules are more important than ever”.

Reporting by Alvise Armellini, editing by Giulia Segreti